Liquidation progress reporting requires LIQ 2 filings detailing stays, valuations, asset realisations, PUFE matters and receipts/payments. Form LIQ 2 requires the liquidator to file a quarterly progress report by the 10th of the following month, recording filing timeliness, any stays (with orders and appeal details), valuations under Regulation 35(2), asset realisations (reserve prices, bids, cumulative figures), unsold assets and reasons, PUFE applications with statutory sections and outcomes, Stakeholders' Consultation Committee meetings, a detailed receipts and payments statement (including distributions under Section 53(1)) and a declaration with digital signature and IP registration.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Form LIQ 2 requires the liquidator to file a quarterly progress report by the 10th of the following month, recording filing timeliness, any stays (with orders and appeal details), valuations under Regulation 35(2), asset realisations (reserve prices, bids, cumulative figures), unsold assets and reasons, PUFE applications with statutory sections and outcomes, Stakeholders' Consultation Committee meetings, a detailed receipts and payments statement (including distributions under Section 53(1)) and a declaration with digital signature and IP registration.
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